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Investor Optimism Improves, But Dow Snaps 8-Session Winning Streak
The CNN Money Fear and Greed index showed some improvement in overall market sentiment, while the index remained in the “Neutral” zone on Monday.
U.S. stocks settled mixed on Monday, with the Dow Jones index snapping an eight-session winning streak.
U.S. major indices recorded gains last week, with the Dow gaining 2.16% to record its fourth positive week in a row. The S&P 500 gained 1.85%, gaining for the third straight week.
Data on consumer price index will be released on Wednesday, with economists projecting an increase of 0.4% month-over-month in April. The producer price index is scheduled for release on Tuesday.
GameStop Corporation (NYSE:GME) shares jumped over 74% on Monday amid ...